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3x5 maco method |
chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #316 Posted: Sun Sep 13, 2015 11:23 pm Post subject: |
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Check this file
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Worksheet in 3x5_maco_system_572.xlsx |
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chiragbvyas White Belt
Joined: 18 Feb 2010 Posts: 469
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Post: #317 Posted: Mon Sep 14, 2015 7:58 am Post subject: hi |
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Here it is in it's simplest form ... For the benefit of it's followers ... Just update it regularly without fail ...
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3x5 maco Shiva.xlsx |
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #318 Posted: Mon Sep 14, 2015 6:56 pm Post subject: |
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Thanks Chirag and chetan for helping me.
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snehil2010 White Belt
Joined: 04 Feb 2015 Posts: 19
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Post: #319 Posted: Sun Sep 27, 2015 5:09 pm Post subject: |
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Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #320 Posted: Sun Sep 27, 2015 11:11 pm Post subject: |
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snehil2010 wrote: | Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil |
yes you are right snehil. i m following this method. its good but if u go for longer term. other wise u will get loss only. if u observed last two trade. it has given buy side 200 points and sell side 100 points from the level. but both the trade finally end up with loss. can any body make some change to make it more profitable.
thanks
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chiragbvyas White Belt
Joined: 18 Feb 2010 Posts: 469
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Post: #321 Posted: Mon Sep 28, 2015 8:41 am Post subject: hi |
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ajit602 wrote: | snehil2010 wrote: | Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil |
yes you are right snehil. i m following this method. its good but if u go for longer term. other wise u will get loss only. if u observed last two trade. it has given buy side 200 points and sell side 100 points from the level. but both the trade finally end up with loss. can any body make some change to make it more profitable.
thanks |
Check whether it's in trend or sideways ... have a look on 13 sma ... or one can add 10 or 20 donchain channel ... so if it is trading above 13 sma or broken 20 day don. channel on up side then any dip near 3 ema / 5 ema or reversal point can be bought .... same is true for sell ... So many whipsaw can be avoided if we add this kind of major trend indicative filter .. (sometimes we may have to buy / sell higher / lower then rev. point ... but confidence level will be high to be in trade ...
Hope it will helpful to you...
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #322 Posted: Mon Sep 28, 2015 12:18 pm Post subject: Re: hi |
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chiragbvyas wrote: | ajit602 wrote: | snehil2010 wrote: | Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil |
yes you are right snehil. i m following this method. its good but if u go for longer term. other wise u will get loss only. if u observed last two trade. it has given buy side 200 points and sell side 100 points from the level. but both the trade finally end up with loss. can any body make some change to make it more profitable.
thanks |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks
Check whether it's in trend or sideways ... have a look on 13 sma ... or one can add 10 or 20 donchain channel ... so if it is trading above 13 sma or broken 20 day don. channel on up side then any dip near 3 ema / 5 ema or reversal point can be bought .... same is true for sell ... So many whipsaw can be avoided if we add this kind of major trend indicative filter .. (sometimes we may have to buy / sell higher / lower then rev. point ... but confidence level will be high to be in trade ...
Hope it will helpful to you... |
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #323 Posted: Mon Sep 28, 2015 12:20 pm Post subject: Re: hi |
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chiragbvyas wrote: | ajit602 wrote: | snehil2010 wrote: | Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil |
yes you are right snehil. i m following this method. its good but if u go for longer term. other wise u will get loss only. if u observed last two trade. it has given buy side 200 points and sell side 100 points from the level. but both the trade finally end up with loss. can any body make some change to make it more profitable.
thanks |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks
Check whether it's in trend or sideways ... have a look on 13 sma ... or one can add 10 or 20 donchain channel ... so if it is trading above 13 sma or broken 20 day don. channel on up side then any dip near 3 ema / 5 ema or reversal point can be bought .... same is true for sell ... So many whipsaw can be avoided if we add this kind of major trend indicative filter .. (sometimes we may have to buy / sell higher / lower then rev. point ... but confidence level will be high to be in trade ...
Hope it will helpful to you... |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks
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chiragbvyas White Belt
Joined: 18 Feb 2010 Posts: 469
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Post: #324 Posted: Mon Sep 28, 2015 9:32 pm Post subject: Re: hi |
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ajit602 wrote: | chiragbvyas wrote: | ajit602 wrote: | snehil2010 wrote: | Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil |
yes you are right snehil. i m following this method. its good but if u go for longer term. other wise u will get loss only. if u observed last two trade. it has given buy side 200 points and sell side 100 points from the level. but both the trade finally end up with loss. can any body make some change to make it more profitable.
thanks |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks
Check whether it's in trend or sideways ... have a look on 13 sma ... or one can add 10 or 20 donchain channel ... so if it is trading above 13 sma or broken 20 day don. channel on up side then any dip near 3 ema / 5 ema or reversal point can be bought .... same is true for sell ... So many whipsaw can be avoided if we add this kind of major trend indicative filter .. (sometimes we may have to buy / sell higher / lower then rev. point ... but confidence level will be high to be in trade ...
Hope it will helpful to you... |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks |
Dear Friend ,
This thread is based on the system which uses EOD Data of Nifty fut. If OHLC are abv 13 sma ... take it as bullish and buy dips near 3 or 5 ema or reversal point ... that's it ...
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #325 Posted: Tue Sep 29, 2015 1:10 am Post subject: Re: hi |
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chiragbvyas wrote: | ajit602 wrote: | chiragbvyas wrote: | ajit602 wrote: | snehil2010 wrote: | Hello Experts,
I observed that the this trading system is repainting, i.e. buy/sell decisions are taken before close of current candle, which sometimes leads to whipsaws. How about converting this into non-repainting? Has somebody already tried this?
Thanks,
Snehil |
yes you are right snehil. i m following this method. its good but if u go for longer term. other wise u will get loss only. if u observed last two trade. it has given buy side 200 points and sell side 100 points from the level. but both the trade finally end up with loss. can any body make some change to make it more profitable.
thanks |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks
Check whether it's in trend or sideways ... have a look on 13 sma ... or one can add 10 or 20 donchain channel ... so if it is trading above 13 sma or broken 20 day don. channel on up side then any dip near 3 ema / 5 ema or reversal point can be bought .... same is true for sell ... So many whipsaw can be avoided if we add this kind of major trend indicative filter .. (sometimes we may have to buy / sell higher / lower then rev. point ... but confidence level will be high to be in trade ...
Hope it will helpful to you... |
Sir, thanks for ur help. But I could not understand what u actually want to tell. Will 13 sma on nifty spot or nifty future. It will be EOD or anything else. Pls explain with chart example. If u could spare time. Thanks |
Dear Friend ,
This thread is based on the system which uses EOD Data of Nifty fut. If OHLC are abv 13 sma ... take it as bullish and buy dips near 3 or 5 ema or reversal point ... that's it ... |
Thanks sir
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #326 Posted: Wed Sep 30, 2015 7:03 am Post subject: |
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Chirac sir and other seniors pls ensure.
As I was updating this sheet I observed some losses that sheet is not showing. As day before yesterday on 28 sep. Nifty future was short at 7825. On 29 sep Sl hit at 7883. And on 29 sep final close at 7875. So we remain at short side. My observation is that sheet is showing only 7 points intraday loss. But it is not showing loss we made from28 sep short position(on 7825) to 29 sep long (7883). Almost 50 points. Pls explain.
Thanks
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ajit602 White Belt
Joined: 11 Sep 2012 Posts: 370
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Post: #327 Posted: Wed Sep 30, 2015 9:47 am Post subject: |
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ajit602 wrote: | Chirac sir and other seniors pls ensure.
As I was updating this sheet I observed some losses that sheet is not showing. As day before yesterday on 28 sep. Nifty future was short at 7825. On 29 sep Sl hit at 7883. And on 29 sep final close at 7875. So we remain at short side. My observation is that sheet is showing only 7 points intraday loss. But it is not showing loss we made from28 sep short position(on 7825) to 29 sep long (7883). Almost 50 points. Pls explain.
Thanks |
Any body pls explain.
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tradernaresh White Belt
Joined: 29 May 2014 Posts: 13
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Post: #328 Posted: Tue Oct 06, 2015 6:45 pm Post subject: |
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ajit602 wrote: | ajit602 wrote: | Chirac sir and other seniors pls ensure.
As I was updating this sheet I observed some losses that sheet is not showing. As day before yesterday on 28 sep. Nifty future was short at 7825. On 29 sep Sl hit at 7883. And on 29 sep final close at 7875. So we remain at short side. My observation is that sheet is showing only 7 points intraday loss. But it is not showing loss we made from28 sep short position(on 7825) to 29 sep long (7883). Almost 50 points. Pls explain.
Thanks |
Any body pls explain. |
As you are still on short side , only intra loss will be counted. The total PL will be counted only after trade is reversed completely ie with next Buy .
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umeshlp White Belt
Joined: 08 Sep 2011 Posts: 14
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Post: #329 Posted: Tue Oct 20, 2015 4:51 pm Post subject: 3 x5 making loss in 2015? |
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hi ,
In 2015 , I checked 3 x 5 MACO system is making loss in Banknifty. Can somebody confirm it or I am doing something wrong?
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snehil2010 White Belt
Joined: 04 Feb 2015 Posts: 19
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Post: #330 Posted: Tue Oct 27, 2015 5:57 pm Post subject: AFL code for MACO Method |
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Hello Experts,
Does anyone have a AFL code for this strategy? I can write one but need to confirm if anyone already have.
Thanks,
Snehil
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